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In IMF's assessment, in the absence of monetary stimulus, global growth would be lower by 0.5 percentage points in both 2019 and 2020. The IMF chief economist, however, noted that monetary policy cannot be the only game in town. "It should be coupled with fiscal support where fiscal space is available, and policy is not already too expansionary," she said.

In June, Jishuitan Hospital performed 5G-assisted remote robotic surgery on a patient in Yantai, Shandong province, monitored by doctors in Beijing. China Telecom provided network support.

In Japan, Prime Minister Shinzo Abe sought event cancellations for 10 more days as the country "to prevent any rapid spread of domestic infections".

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In January, the State Administration for Market Regulation announced that it had imposed fines of more than 12 million yuan (.7 million) on two pharmaceutical companies for monopoly practices over chlorphenamine, a major ingredient in flu drugs.

In China, IHG currently operates 316 hotels, with 285 in the pipeline. IHG is one of the largest franchisers in the hotel industry, with more than 80 percent of its nearly 5,300 hotels around the globe operating under franchise models.

In Bolivia, interim President Jeanine Anez said officials would suspend flights to and from Europe, close schools until the end of the month and ban gatherings of more than 1,000 people.

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In July, Shanghai, Nanjing and Quanzhou in Fujian province saw their new home prices drop, each down 0.1 percent from a month ago, while 65 cities reported price increases, with Sanya in Hainan province continuing to take the lead, the bureau said on Wednesday.

In China, the government's move to include emerging technologies as part of the formal national education curriculum has paid off considerably in nurturing a generation of women with the digital skills essential in the new economy.

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In Burundi, there are 19 confirmed cases of COVID-19 with one death as of Sunday, according to the World Health Organization.

In Chaoyang district, home to the city's central business district, circulars and notices have been put up in front of the gates at residential buildings to inform residents of the latest rule.